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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: MTDEX who wrote (4608)3/2/1999 11:54:00 PM
From: C. McD  Read Replies (2) of 5847
 
I got some of my MM info from Scott Sitra (BANY/ANYI IR) and some from Cameron Yost (BANY CEO), and some from a MM I've been talking to about buying ANYI. I also get good info from other BB stocks on SI and from other investors (thanks guys).

I think BANY could overcorrect if it gets discounted after ANYI begins trading. This happened with TSQD when DRIV began trading. TSQD went to 7% of DRIV, rather than the actual value of DRIV shares (~27%) after the DRIV IPO. Many people picked up some "oevercorrected" shares under $1, and were able to sell when it got to $6 again. Longterm BANY should gain value as ANYI goes up, so I would reccomend buying BANY if it does drop below its value of ANYI shares. Use your own discretion, but if it really overcorrects, you'll know (Ken thinks we may go back to ~$0.50, which would be nice for reloading).

However, in the short term BANY seems poised to get a big jump from the ANYI trading news which WILL happen this month, maybe very soon.

BTW, TSQD announced today after the bell that its board has decided to try to get acquired. The plan I'm hoping for (and has been rumored) is for TSQD to dividend their 3 million DRIV shares (4:1), and sell the mac/publishing catalog business. This could have the same effect as BANY giving an ANYI dividend, it allows the backdoor to realize the actual value of its holdings, rather than the discounted backdoor amount. I'm hoping TSQD doubles w/r to DRIV, I used my BANY profits to buy TSQD last week:)
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